PHL software services outsourcing up 37% in 2011

The software services outsourcing industry in the Philippines posted a positive growth as it reached a robust 37% in 2011 which translates to US$993 million with 11% growth rate on employment or some 50,000 information technology (IT) professionals, based on a recent study conducted by the Philippine Software Industry Association (PSIA). The nearly US$1 billion [...]